Office of the Comptroller of the Currency

Independent Foreclosure Review Payment Agreement Details

The table below provides number of eligible borrowers and payment amounts in each category for borrowers covered by the Independent Foreclosure Review Payment Agreement. The agreement was announced in January 2013 between federal banking regulators — the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System — and 11 mortgage servicers. More information about these agreements is available from the regulators’ Web sites — www.occ.gov and www.federalreserve.gov. The table contains only standard payout amounts; it does not include amounts for lost equity, which borrowers in the first and third categories may receive in addition to the standard payout amounts, or the payments calculated on a case-by-case basis in the second category. This table excludes borrowers whose mortgages were serviced by Goldman Sachs and Morgan Stanley.

~

4closureFraud.org

~

Independent Foreclosure Review Payment Agreement Details